Courses 2014 - 2015

LAW T 501 Taxation Of Corporations and Shareholders

Credits: 3

The primary emphasis is on corporation/shareholder relationships. Following the introductory material relating to choice of business entity, there will be detailed consideration of corporate formation, distributions, redemptions, liquidations, and the possible application of penalty taxes on undistributed corporate income. Also discussed and analyzed will be the debt vs. equity issues involved in a corporation’s capital structure, including OID and market-discount issues. Further, there will be general analysis of relevant tax considerations relating to the sale of corporate businesses.